Prices Soar at Hospices de Beaune

British wine writer Jancis Robinson (best there is) reported on Twitter shortly ago that 2009 prices soared at the Hospices de Beaune aucton in Beaune, France this past weekend, even with "increased quantities." According to Ms. Robinson, "Reds +31pc, whites +8pc so +20pc overall." Burgundy producers have raved about the 2009 harvest describing it as good if not better than the highly acclaimed 2005 vintage. This is not good news for U.S. consumers given the value of the cellar dwelling dollar. To quote the always eloquent Ms. Robinson, "Eeek." Ditto!